To get funding from Wayflyer you need to:
Yes. Lots of our customers sell their products through multiple channels.
No. We require companies to have been operating for a minimum of 6 months and to have at least $20,000 in average monthly online revenue.
No. Wayflyer does not currently work with dropshippers and only provides funding to companies who hold their own stock.
There are 4 simple steps to get funding from Wayflyer;
You can sign up and request funding in less than 5 minutes. Our team will then be in touch within 24 hours to discuss your needs. This ensures we generate offers tailored to you. Once you're happy with an offer, funds can be in your account within 1-3 days (depending on how long it takes your bank to receive the funds).
We can provide up to $20 million in funding. Each company is analysed on a case by case basis so once you sign up and connect your platforms, we will create the best tailored offers for you.
Funding offers are based on several factors, including your financial performance and historic marketing performance. The more revenue you generate and the better your marketing performance, the more funding that will be available to you.
We will always generate a number of funding offers for you, allowing you to choose the one that works best for your needs.
We provide funding on the basis of marketing or inventory spending needs, but there are no specific restrictions on how you spend the money - that's the beauty of cash in your bank.
Our funding provides cash into your bank account, giving you control of spending. You don't have to switch cards in your online accounts or wait for us to pay your suppliers on your behalf.